AutoNation

AutoNation could do big deals -- or none

12:01 am U.S. ET | Feb. 3, 2014
AutoNation Inc. could add as much as $2 billion in annual revenue through acquisitions in 2014 -- but CEO Mike Jackson isn't setting that as a target....
Read More »

 

AutoNation's Jackson calls 2013 a 'perfect year'

6:45 am U.S. ET | Jan. 30, 2014
After a year that he described as “perfect” for his company, AutoNation CEO Mike Jackson is looking for more of the same for 2014. “I'm pretty optimistic. The powerful drivers are still there,” Jackson told Automotive News today after announcing robust fourth-quarter profits....
Read More »

 

Jackson cheers FTC crackdown on bad ads

12:01 am U.S. ET | Jan. 20, 2014
AutoNation Inc. CEO Mike Jackson is delighted that the Federal Trade Commission is cracking down on deceptive advertising by dealerships. "Automotive advertising needs to be regulated in fairness to consumers and to level playing field competition," Jackson, head of the nation's largest dealership group, told Automotive News. "The consumer deserves more."...
Read More »

 

Once again, Jackson sees clouds forming

12:01 am U.S. ET | Jan. 20, 2014
There's trouble ahead if carmakers continue to boost vehicle production, Mike Jackson says....
Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

AutoNation CEO Jackson: Dealer lots are too full

12:01 am U.S. ET | Jan. 20, 2014
Mike Jackson says 2014 is shaping up as a test of automakers' discipline in coming to grips with a slower-growing market....
Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

AutoNation's Jackson warns of excessive inventory levels in 2014

2:18 pm U.S. ET | Jan. 14, 2014
AutoNation CEO Mike Jackson is warning manufacturers to slow production in 2014. Jackson said the auto industry is unlikely to grow in 2014 at the same rate it has been growing in the past few years....
Read More »

 

JAMIE LaREAU

AutoNation's Mike Jackson picks his show winners

10:06 am U.S. ET | Jan. 14, 2014
AutoNation's CEO Mike Jackson has a tradition at the Detroit auto show. He walks the show floor early in the morning before most others arrive. Only once in his 25 years of attending the show was that ritual interrupted....
Read More »

 

Autobytel acquires lead wholesaler AutoUSA from AutoNation

12:01 am U.S. ET | Jan. 14, 2014
Autobytel, one of the largest providers of lead prospects to auto dealers, has purchased AutoUSA from AutoNation for $10 million in cash, a $1 million convertible note and other consideration....
Read More »

 

AutoNation CFO Mike Short leaves, citing personal reasons

4:17 pm U.S. ET | Jan. 8, 2014
AutoNation said CFO Mike Short has left the company effective Tuesday. AutoNation's treasurer, Cheryl Scully, has been named interim CFO, the company said in a statement Tuesday....
Read More »

 

AutoNation says new-vehicle retail sales gained 6% in December

9:49 am U.S. ET | Jan. 6, 2014
AutoNation said its new-vehicle retail sales in the United States rose 6 percent in December from the year-ago period, to 29,596 units. It was the highest number of units sales in the month of December since 2001....
Read More »

 

Dealer acquisition spend doubles in first 3 quarters

12:01 am U.S. ET | Dec. 30, 2013
Acquisition spending on U.S. dealerships by public retailers more than doubled during the first three quarters of 2013 from the same period in 2012....
Read More »

 

2013 LISTS OF 10

New faces, products, and benchmarks in 2013

12:01 am U.S. ET | Dec. 30, 2013
In 2013, we said hello to the Chevrolet Corvette Stingray, AutoNation signs and several promoted executives....
Read More »

 

DEALING WITH EMOTIONS

The psychological price of buying and selling stores

12:01 am U.S. ET | Dec. 23, 2013
Emotions can play as powerful a role in selling a dealership as dollars and cents do. Many brokers and buyers now recognize the importance of managing a seller's emotions. They hire trained people or train themselves to help sellers who have decided to sell their dealerships....
Read More »

 

AutoNation boss Jackson to join Atlanta Fed board of directors

12:01 am U.S. ET | Dec. 16, 2013
Mike Jackson is moving on up at the Federal Reserve. The AutoNation chief has been appointed to the Federal Reserve Bank of Atlanta's board of directors, effective Jan. 1....
Read More »

 

AutoNation new-vehicle sales rise 13%

1:04 pm U.S. ET | Dec. 4, 2013
AutoNation said today that its U.S. new-vehicle retail sales rose 13 percent in November from the year-ago period, to 25,454 units....
Read More »

 

AutoNation reports retail sales rise 9% in October

2:09 pm U.S. ET | Nov. 4, 2013
AutoNation, helped by luxury and domestic-brand volume, said U.S. new-vehicle retail sales rose 9 percent in October from the year-ago period, to 22,914 units....
Read More »

 

AutoNation sharpens online skills

12:01 am U.S. ET | Nov. 4, 2013
An AutoNation Inc. test program that helps Avis Budget Group sell retired rental vehicles directly to consumers, and also buys those consumers' trade-ins for the retailer, has been expanded and likely will grow, AutoNation COO Mike Maroone says....
Read More »

 

CRASH FLASHBACK

Jackson: 'Teetering on the brink'

12:01 am U.S. ET | Nov. 4, 2013
Mike Jackson, CEO of the AutoNation dealership group, says Detroit 3 bosses thought they had time to fix their business model. Some were wrong....
Read More »

 

Buyers are back after shutdown

12:01 am U.S. ET | Oct. 28, 2013
The federal government shutdown kept some would-be car shoppers away from dealerships in the first half of October, but forecasters still expect U.S. auto sales to rise at least 12 percent this month. The debt ceiling battle in Congress dinged consumer confidence and added to concerns lingering from September, when the industry broke a 27-month streak of consecutive gains....
Read More »

 

AutoNation's Jackson blasts CFPB for being 'determined' to find lending bias

4:19 pm U.S. ET | Oct. 24, 2013
AutoNation Chairman Mike Jackson blasted the Consumer Financial Protection Bureau today for being “bound and determined” to find discrimination in auto lending whether or not it exists, at least in his company's case....
Read More »

 

AutoNation net income rises 13% on gains in all segments

8:15 am U.S. ET | Oct. 24, 2013
AutoNation today said its net income increased 13 percent in the third quarter on a 14 percent rise in revenue. Sales of new and used vehicles were up by double-digit percentages, and revenues rose for all operations....
Read More »

 

AutoNation CEO Jackson to speak at Congress

12:01 am U.S. ET | Oct. 7, 2013
AutoNation CEO Mike Jackson, who will speak in January at the 2014 Automotive News World Congress in Detroit, has had a big year -- and a busy one....
Read More »

 

AutoNation Sept. sales fall 10%, but Q3 best since 2007

1:35 pm U.S. ET | Oct. 2, 2013
AutoNation, the largest U.S. auto retailer, said its new-vehicle sales slipped 10 percent to 20,758 units in September compared with the same month last year. The U.S. market as a whole declined 4 percent during the month, largely because of a statistical quirk....
Read More »

 

AutoNation says August sales rose 32 percent

11:02 am U.S. ET | Sept. 5, 2013
AutoNation said its total new-vehicle sales to retail customers in the United States rose 32 percent in August....
Read More »

 

Group 1 mulls rebranding stores -- later

12:01 am U.S. ET | Sept. 2, 2013
Group 1 Automotive Inc. is considering rebranding many of its 139 stores with the Group 1 name -- but not anytime soon....
Read More »

 

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
» Watch the Video
     
News by Brand


Rocket Fuel